179#1c (ODU) ODU - Increase Need-Based Aid. HB1400

State Budget

Item 179 #1c	First Year - FY2015	Second Year - FY2016
Education: Higher Education
Old Dominion University	FY2015 $0	FY2016 $500,000	GF

Language
Page 167, line 38, strike "$19,031,084" and insert "$19,531,084".

Explanation
(This amendment provides $500,000 from the general fund in the second year for additional undergraduate need-based aid.)

Item 179	First Year - FY2015	Second Year - FY2016
Higher Education Student Financial Assistance (10800)	$18,931,084	~~$18,931,084~~ $19,031,084
Scholarships (10810)	FY2015 $16,693,350	FY2016 ~~$16,693,350~~ $16,793,350
Fellowships (10820)	FY2015 $2,237,734	FY2016 $2,237,734
Fund Sources:
General	FY2015 $18,931,084	FY2016 ~~$18,931,084~~ $19,031,084

Authority: Title 23, Chapter 5.2, Code of Virginia.